Exotic Car Partial Ownership Clubs - Opinions?? | FerrariChat
Buy

Exotic Car Partial Ownership Clubs - Opinions??

Discussion in 'Ferrari Discussion (not model specific)' started by MountainMan, Nov 21, 2006.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. MountainMan

    MountainMan Rookie

    Sep 11, 2005
    35
    Denver, CO
    #1 MountainMan, Nov 21, 2006
    These clubs are slowly popping up in wealthier (car-obsessed) markets like Scottsdale and Silicon Valley & Miami. Members pay $5k - $15k/ year and have access to a paddock of interesting cars like Ferraris, Lambos, Porsches, Astons, vintage Vettes & Jags, etc. Depending on what you pay, you get 15-45 days/year to drive.

    What are your thoughts on these clubs? I personally like the concept... getting the variety and the enjoyment of some fun cars, without needing a 10-car garage or the expense of maintaining an exotic(s). Is anyone currently a member and can you share your experience?
     
  2. DrStranglove

    DrStranglove FChat Assassin
    Owner Rossa Subscribed

    Oct 31, 2003
    31,461
    Google Maps
    Full Name:
    DrS
    #2 DrStranglove, Nov 21, 2006
    Absolutly nutz.
     
  3. RMDC

    RMDC Formula 3

    May 15, 2005
    1,005
    Boston, North Shore
    #3 RMDC, Nov 21, 2006
    The only thing I can compare it to is aircraft rental - access to a fleet that let's you fly a variety of aircraft that you are licensed to fly. Invariably, after a period of time, there are squawks on the equipment, an inop radio, crazed plexi, intermittent problems that gound aircraft. I always owned my own and saw to it's maintenance - airplane, boat or car. The obvious downside is that you are limited to what you can afford. I'd rather have a well maintained 308 than a troublesome TR.
     
  4. AML225

    AML225 Karting

    Jan 23, 2006
    128
    Los Angeles, CA & CT
    Full Name:
    Andrew L.
    #4 AML225, Nov 21, 2006
    I'd only consider something like that if I were undecided what I wanted to buy.

    Sorry but I prefer a more intimate long term relationship over short affairs.
     
  5. 68rcodemustang

    68rcodemustang Formula Junior

    Aug 12, 2006
    506
    Houston Texas
    Full Name:
    Mullet
    #5 68rcodemustang, Nov 21, 2006
    there is a dealership near me that gave this a shot. they had to give up because of insurance problems. If they start it up again I will probably join. I would not mind paying 10-15k a year to drive exotics (aside from what I own). I usually own cars for 2-3 years anyway so this would be something interesting to try out.
     
  6. 410SA

    410SA F1 Veteran

    Nov 2, 2003
    8,511
    West Coast
    Full Name:
    A
    #6 410SA, Nov 21, 2006
    It's a great idea if you want a styling car to drive on weekends, but if you are a collector or want to be one, then the ache of having to return the car when you are done with, knowing that some unworthy punk will have his filthy hands on your beauty, will be unbearable.
    Be careful getting a taste. You won't be satisfied with just one bite every so often :)
     
  7. nerd

    nerd F1 Rookie

    Oct 12, 2003
    2,535
    Coronado, CA
    Full Name:
    RSK
    #7 nerd, Nov 21, 2006
    The use model just doesn't suit me. I drive my cars to the office, weekend shopping, etc. I also get the "got to go for a drive" urge that cannot be well served by the clubs. A race track country club with a stable of GT race cars would be another matter entirely.
     
  8. 68rcodemustang

    68rcodemustang Formula Junior

    Aug 12, 2006
    506
    Houston Texas
    Full Name:
    Mullet
    #8 68rcodemustang, Nov 21, 2006
    I agree me too, hownever if I did this I would still have my 360 and other cars. this would be an addition to the other cars.
     
  9. Choptop

    Choptop F1 Rookie

    Aug 15, 2004
    4,455
    Carmichael, CA
    Full Name:
    Alan Galbraith
    #9 Choptop, Nov 21, 2006
    I look at them this way...its driving cars that I wouldnt otherwise own. I dont need to "own" the cars to enjoy them. I still have my collectors and/or exotics that cycle through my garage. For the price of payments for a year on one of them I get to drive 10 other cars, and dont have to pay insurance, maint., storage....
     

Share This Page